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Pretty decided to start a computer spare parts business. For this purpose on Aug 01st,2020 she invested ₹1,00,000 in this business. She paid ₹40,000 into the bank on Aug 2nd. On Aug 4thgoods was purchased from Laasya for ₹20,000Furniture was purchased on Aug 6th–₹2,000On Aug 10th, a computer was purchased through cheque ₹13,000.Pretty sold goods for cash ₹4,000 on Aug 12th.On Aug 20th, goods were sold to Vishnu for ₹10000 and received a cheque of ₹9,750 on Aug 23rdin full settlement.Aug 22nd, ₹5000 rent was paid for the building by cheque and half of the building was used by the proprietor for residential purposeElectricity charges was paid on Aug 24th₹1000An amount of ₹6000 was paid to Laasya on Aug 26thand a commission of ₹3000 was received on Aug 28th. Goods were sold for ₹7000 on Aug 29th,₹1500 wages were paid to workers and goods were taken worth ₹2000 for personal use on Aug 31st.You are required to journalise the transactions, post them to ledger and prepare aTrial Balance.

Asked by abcd65807 28th August 2021, 10:38 AM

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